Market Overview

– The steady devaluation of the Turkish Lira against the USD has had a significant impact on export pricing on all Turkish products – and while for Turkish raisins, the local market itself is firmer, this is lost behind the drop in the Lira.

– – Reports that the new crop is likely to be smaller than the earlier more positive estimates (90-95,000mts rather than 110,000mts+) has brought stronger demand and firmer local Turkish pricing in consequence.